Loading chat...
CT SB00024
Bill
Status
2/4/2010
Primary Sponsor
John McKinney
Click for details
AI Summary
-
Exempts sales and use of solar energy electricity generating systems, passive or active solar water or space heating systems, and geothermal resource systems from sales tax, including related equipment and installation services.
-
Exempts machinery, equipment, tools, materials, supplies, and fuel used directly in renewable energy and clean energy technology industries from sales and use taxes.
-
Defines "renewable energy and clean energy technology industries" as those applying technologies to produce, improve, or develop solar, geothermal, and wind power electric generation systems and related equipment.
-
Takes effect July 1, 2010, and applies to all sales occurring on or after that date.
Legislative Description
An Act Concerning Sales Tax Exemption For Renewable And Clean Energy Technologies.
Last Action
Favorable Change of Reference, House to Committee on Finance, Revenue and Bonding
3/18/2010